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PR Acquires Slovenian Fineblanking Operation

Shelton, CT – November 1, 2017 – Precision Resource, Inc., a leading supplier of precision metal components manufactured with fineblanking technology, today announced that it has acquired the fineblanking assets of Hidria Rotomatika d.o.o. in Spodnja Idrija, Slovenia. The new company will be known as Precision Resource d.o.o. In cooperation with Hidria Rotomatika, the company […]

Shelton, CT – November 1, 2017 – Precision Resource, Inc., a leading supplier of precision metal components manufactured with fineblanking technology, today announced that it has acquired the fineblanking assets of Hidria Rotomatika d.o.o. in Spodnja Idrija, Slovenia. The new company will be known as Precision Resource d.o.o. In cooperation with Hidria Rotomatika, the company will continue to run the fineblanking operation in the Hidria facility while it locates and develops a new facility nearby.

Hidria has developed a reputation as a reliable, high quality and technically advanced supplier of fineblanked components to the European automotive industry. Their main applications are in the seating, powertrain, and hardware markets.

“We are excited to add the experienced and dedicated employees of Hidria’s fineblanking operation to the Precision Resource team,” said Peter Wolcott, Managing Director of Precision Resource, Inc. “We share a deeply rooted quality culture and a commitment to customer satisfaction that should ensure a smooth integration of the Slovenian operation into Precision Resource. Slovenia is an ideal location from which to supply our customers with European operations.”

The addition of the Slovenia operation allows Precision Resource the ability to support its customers with local production on three continents – North America, Asia, and Europe.

Fineblanking is a high precision metal forming process used extensively in automotive, heavy duty, electronics, medical, lawn and garden, and general industrial applications. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation from part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Founded as Fairfield Tool Company in 1947, privately held Precision Resource has grown to one of the leading suppliers of fineblanked components in the world. Precision Resource also has a tremendous range of value-added finishing capabilities that enable it to provide completed components and assemblies to their customers. These capabilities include CNC machining, honing, grinding, fine-grinding, plastic over-molding, heat treating, automated assembly, and laser cutting.

In addition to the new operation in Slovenia, Precision Resource has six production facilities in North America, one in China, and a Technical Center in Canada. The company operates facilities in Huntington Beach, CA; Shelton, CT; Mt. Sterling, KY; Vernon Hills, IL; Cambridge, Ontario; Saltillo, Mexico; and Hangzhou, China. For more information regarding the company, visit www.precisionresource.com.

Connecticut Division Achieves ISO 14001:2004 Certification

Precision Resource, Inc. today announced that its Connecticut Division has achieved Certification of ISO 14001:2004 compliance. ISO 14001:2004 is an environmental management system standard of particular concern within automotive related manufacturing companies. ISO 14001 is a process-approach methodology with a focus on maintaining a safe and healthy work environment and leaving a minimal ecological footprint in conducting business. Located in Shelton, CT, […]

Precision Resource, Inc. today announced that its Connecticut Division has achieved Certification of ISO 14001:2004 compliance.

ISO 14001:2004 is an environmental management system standard of particular concern within automotive related manufacturing companies. ISO 14001 is a process-approach methodology with a focus on maintaining a safe and healthy work environment and leaving a minimal ecological footprint in conducting business.

Located in Shelton, CT, the Connecticut Division specializes in the supply of complex components and assemblies using the fineblanking technology. The company markets its products to the automotive, electronics, power tool, and industrial markets primarily. The division also employs a wide array of secondary finishing technologies, including double disc grinding, fine-grinding, honing, and machining, in order to supply very tightly toleranced complete solutions to its customers.

Automotive Meetings Queretaro 2015

Expansion to Facility in Hangzhou, China

Precision Resource, Inc. is in the process of expanding its Hangzhou, China facility by over 100,000 ft².

Precision Resource, Inc., a world leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that it has completed the expansion of its Hangzhou, China facility.

The expansion adds 107,000 ft² of production space was planned for completion this fall. In all, the total area of the facility is now 161,000 ft². Additional fineblanking presses and secondary processing equipment were also installed to support our growing business.

This division, which opened in 2010, specializes in the high volume production of automotive, heavy duty, and electronic components. The expansion upon this building allows for more space, and therefore more capacity, to better serve its growing customer base. Due to the excellent work of the project team and those involved, Precision Resource is pleased and proud to have successfully completed on schedule and with excellent results. Thank you to all who made it possible to meet the needs of our growing business.

Mexico Division achieves ISO14001

Precision Resource Mexico Division achieves ISO 14001 Certification

Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that its Mexico Division has achieved Certification of ISO14001 compliance.

ISO 14000 is a family of standards related to environmental management systems that exists to help organizations minimize how their operations negatively affect the environment, comply with applicable laws, regulations, and other environmentally oriented requirements, and continually improve in the above.

Located in Saltillo, Coahuila de Zaragoza, the Mexico Division specializes in the supply of high-volume and high-tonnage fineblanked components and assemblies. The division markets its products primarily to the automotive and heavy duty markets. The division also employs an array of secondary finishing technologies, including grinding, and machining in order to supply complete ready to assemble component solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation from part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has six production facilities in North America. The company operates plants in Huntington Beach, CA; Shelton, CT; Mt. Sterling, KY; Vernon Hills, IL; Cambridge, Ontario, and Saltillo, Mexico as well as a Technical Center in Canada.

Precision Resource Expands Kentucky Facility

Precision Resource, Inc., a world leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that it has completed an addition to its Mt. sterling Kentucky facility.

The expansion of the Kentucky facility added 30,000 ft² of…

Precision Resource, Inc., a world leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that it has completed an addition to its Mt. Sterling, Kentucky facility.

The expansion of the Kentucky facility added 30,000 ft² of production space and increased the total area of the facility to 82,000 ft². This division specializes in the high volume production of automotive, heavy duty, and off-highway components.

“This expansion will give us the space that we need for the new projects we have been awarded,” said Horst Griesbaum, Division Manager of Precision Resource’s Kentucky Division, “and allows us to better organize the facility to improve production efficiencies. We look forward to bettering the experience for our customers and employees alike.”

Headquartered in Shelton, CT, Precision Resource specializes in the supply of complex components and assemblies using the fineblanking technology. The company markets its products to the automotive, electronics, power tool, and industrial markets primarily. The company also employs a wide array of secondary finishing technologies, including double disc grinding, fine-grinding, honing, plastic over-molding, and CNC machining, in order to supply very tightly toleranced complete solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource Featured in Stamping Journal

We are proud to announce that Kaveh Vafaei of the Precision Resource Technical Center has been featured in the most recent publication of the Stamping Journal. Click for link

We are proud to announce that Kaveh Vafaei of the Precision Resource technical Center has been featured in the most recent publication of the Stamping Journal. Those interested in learning more about the innovations in fineblanking and what our company has to offer can view the article at thefabricator.com/

Precision Resource Adds Facility in China

Precision Resource, Inc., a leading supplier of precision metal components manufactured with the fineblanking technology, today announced that it has established a new facility in Hangzhou, Zhejiang, China. Located about 100 miles southwest of Shanghai, the city of Hangzhou is a renowned manufacturing base and…

Precision Resource, Inc., a leading supplier of precision metal components manufactured with the fineblanking technology, today announced that it has established a new facility in Hangzhou, Zhejiang, China. Located about 100 miles southwest of Shanghai, the city of Hangzhou is a renowned manufacturing base and hosts many institutions of higher education institutions.

The new 5,000 m2 (52,000 ft2) facility is located in the HEDA National Development Zone, which is focused on advanced technology manufacturing. The current press size range is 250 to 700 tons, and the facility has a fully equipped quality lab and tool room. Future expansion is also possible.

Precision Resource established this facility to serve the automotive, electronics, and consumer industries throughout Asia. “Many of our current North American customers have facilities in China and throughout Asia, and this is an ideal platform to serve them from. Our customers can work with Precision Resource in North America to develop the programs and we can then support them very efficiently with local production,” according to Johnny Ma, Division Manager of Precision Resource (Hangzhou) Engineered Components, Ltd.

Headquartered in Shelton, CT, Precision Resource specializes in the supply of complex components and assemblies using the fineblanking technology. The company markets its products to the automotive, electronics, power tool, and industrial markets primarily. The company also employs a wide array of secondary finishing technologies, including double disc grinding, fine-grinding, honing, plastic over-molding, and CNC machining, in order to supply very tightly toleranced complete solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

In addition to this new facility Precision Resource has six production facilities in the United States and Canada. The company operates plants in Huntington Beach, CA; Shelton, CT; Mt. Sterling, KY; Vernon Hills, IL; Cambridge, Ontario, and Saltillo, Mexico as well as a Technical Center in Canada. For more information regarding the company, visit our company page.

Illinois Division Makes a Move

Precision Resource, Inc. announced that it’s Illinois Division has moved to a new facility…

Precision Resource, Inc. announced that its Illinois Division has moved into a new facility at 700 Hickory Hill Drive, Vernon Hills, Illinois.

Customers and employees alike are excited about the new, state-of-the-art building. The Illinois Team had been evaluating alternative manufacturing locations after the acquisition of Chicago Fineblanking Corporation in 2001. Initially, the division looked at adding on to the existing building, but the cost of expansion plus the cost of renovating to meet both Precision Resource standards and customer expectations turned out to be almost as costly as starting over.

“So, that’s what we did,” Curt Krueger, Division Manager, summed up. “We looked all over northern Illinois for the ideal location. And wouldn’t you know we finally found it right here, in our own back yard.” The site of the new building is literally around the corner from the former division location.

Architects completed plans for a 60,000 sq. ft. addition and the renovation of an existing 30,000 sq. ft. building on the site, for a total of 90,000 sq. ft. Future expansion is also possible. Builders broke ground in July 2007, and a Move Strategy Team was assembled to plan a smooth move and transition to the new building. Customer requalification activity took place throughout the move.

“We’re all enthusiastic about this change; it’s a great building in a great location, and it really enhances our ability to meet our customers’ needs,” concludes Division Manager Curt Krueger.

Located in Vernon Hills, IL, the Illinois Division specializes in the supply of complex components and assemblies using the fineblanking technology. The company markets its products to the automotive, electronics, power tool, and industrial markets primarily. The division also employs a wide array of secondary finishing technologies, including double disc grinding, CNC machining, and broaching in order to supply very tightly toleranced complete solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has six production facilities in the United States and Canada and a technical center in Canada. In addition to the facility in Illinois, the company operates plants in Huntington Beach, CA; Shelton, CT; Mt. Sterling, KY; Cambridge, Ontario; and Saltillo, Mexico. For more information regarding the company, visit our company page.

Precision Resource Adds Technical Center

Precision Resource Canada, Ltd., a leading supplier of precision metal components manufactured with the fineblanking technology, today announced that it has established a new Technical Center…

Precision Resource, Inc., a leading supplier of precision metal components manufactured with the fineblanking technology, today announced that it has established a new Technical Center at 10 Cherry Blossom Road, Cambridge, Ontario, Canada, right next door to the Cambridge Plant, an existing production facility.

As part of a broad-based reorganization plan, production from the company’s former Kitchener Plant has been transferred to the Cambridge Plant and other Precision Resource facilities. A core group of employees from the Kitchener Plant, including Division Manager, Kaveh Vafaei, are managing and staffing the new facility. The Technical Center will design and build fineblank tooling for all Precision Resource production facilities and be the center of development for the company’s fineblanking technology.

“The Kitchener plant was a leased building that was not well suited to the new focus of the group,” company President Peter Wolcott said. “The new building is purpose-designed to maximize efficiency and will be an excellent showcase for our capabilities.” In addition to housing a fully equipped tool room and a PATEC fine-cold-forming press, one 630 ton fineblanking press also will be installed there. The fineblanking press will be used for tool trials, developmental projects and selected production jobs.

“Another advantage of our location is that many of the engineering offices of our key automotive customers are close by in Ontario and the greater Detroit area, so we are better able to support our customers on advance projects,” Kaveh Vafaei says.

Research and development will be another important facet of the Technical Center’s mission. “The Technical Center will be an ideal incubator to develop important new processes and will help the whole company push the state of the art in fineblanking and other cold forming technologies,” states Corporate Engineering Director Mark Polatsek.

Headquartered in Shelton, CT, Precision Resource specializes in the supply of complex components and assemblies using the fineblanking technology. The company markets its products to the automotive, electronics, power tool, and industrial markets primarily. The company also employs a wide array of secondary finishing technologies, including double disc grinding, fine-grinding, honing, plastic over-molding, and CNC machining, in order to supply very tightly toleranced complete solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has six production facilities in the United States and Canada. In addition to the Technical Center in Canada, the company operates plants in Huntington Beach, CA; Shelton, CT; Mt. Sterling, KY; Vernon Hills, IL; Cambridge, Ontario, and Saltillo, Mexico. For more information regarding the company, visit www.precisionresource.com.

California Division achieves ISO/TS 16949 Certification

Huntington Beach, CA, June 6, 2006 – Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that its California Division has achieved Certification of ISO/TS 16949:2002 compliance.

ISO/TS 16949 is a quality management system standard for automotive related manufacturing companies. ISO/TS 16949 is a process-approach methodology with a focus on achieving customer satisfaction. This standard follows the outline of ISO9001:2000 with added automotive specific requirements.

“We have always strived to exceed our customers’ expectations and the QS/TS 16949 standard will help us to continue our focus on our customers’ requirements and improving our products and services,” said Robert Fitzgerald, Division Manager of the California Division. “We are very proud of the effort that the entire PR-CA team made to transition to our systems to comply with the QS/TS 16949 standard.”

Located in Huntington Beach, CA, the California Division specializes in the supply of high-volume fineblanked components, machined components, and assemblies. The division markets its products primarily to the automotive, electronics, and cutlery markets. The division employs a wide array of secondary finishing technologies, including grinding, lapping, welding, automated assembly, and CNC machining in order to supply complete ready to assemble component solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation from part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has seven production facilities in the United States and Canada. In addition to the facility in California, the company operates plants in Ft. Lauderdale, FL; Vernon Hills, IL; Mt. Sterling, KY; Cambridge, Ontario; Kitchener, Ontario; and Shelton, CT, which also houses the corporate headquarters and the Tool & Machine Division. For more information regarding the company, visit our company page.

Kentucky Division Achieves ISO/TS 16949 Certification

Mt. Sterling, KY, April 10, 2006 – Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that its Kentucky Division has achieved Certification of ISO/TS 16949:2002 compliance.

ISO/TS 16949 is a quality management system standard for automotive related manufacturing companies. ISO/TS 16949 is a process-approach methodology with a focus on achieving customer satisfaction. This standard follows the outline of ISO9001:2000 with added automotive specific requirements.

“The ISO/TS 16949 standard requires complete focus on meeting our customers’ defined requirements and on achieving customer satisfaction. That fits in well with the PR-KY philosophy of continuous improvement while achieving defined performance metrics.” said Horst Griesbaum, Division Manager of the Kentucky Division. “The entire PR-KY team worked very hard to upgrade our operating systems in order to attain compliance with the ISO/TS 16949 standard and we are proud of the achievement.”

Located in Mt. Sterling, KY, the Kentucky Division specializes in the supply of high-volume and high-tonnage fineblanked components and assemblies. The division markets its products primarily to the automotive and heavy duty markets. The division also employs an array of secondary finishing technologies, including grinding, and machining in order to supply complete ready to assemble component solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation from part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has seven production facilities in the United States and Canada. In addition to the facility in Kentucky, the company operates plants in, Huntington Beach, CA; Ft. Lauderdale, FL; Vernon Hills, IL; Cambridge, Ontario; Kitchener, Ontario; and Shelton, CT, which also houses the corporate headquarters and the Tool & Machine Division. For more information regarding the company, visit www.precisionresource.com.

Connecticut Division Achieves TS 16949:2002 Certification

Shelton, CT, March 28, 2006 – Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that its Connecticut Division has achieved Certification of ISO/TS 16949:2002 compliance.

ISO/TS 16949 is a quality management system standard for automotive related manufacturing companies. ISO/TS 16949 is a process-approach methodology with a focus on achieving customer satisfaction. This standard follows the outline of ISO9001:2000 with added automotive specific requirements.

“The entire PR-CT team worked very hard to upgrade our operating systems in order to achieve compliance with the TS 16949 standard,” said Bob Domogala, Division Manager of the Connecticut Division. “We are confident that our customers will benefit from our continuous improvement efforts and the standard’s focus on achieving customer satisfaction and meeting all customer defined requirements.”

Located in Shelton, CT, the Connecticut Division specializes in the supply of complex components and assemblies using the fineblanking technology. The company markets its products to the automotive, electronics, power tool, and industrial markets primarily. The division also employs a wide array of secondary finishing technologies, including double disc grinding, fine-grinding, honing, and machining, in order to supply very tightly toleranced complete solutions to its customers.

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Precision Resource has seven production facilities in the United States and Canada. In addition to the facility in Connecticut, which also houses the corporate headquarters and the Tool & Machine Division, the company operates plants in Huntington Beach, CA; Ft. Lauderdale, FL; Vernon Hills, IL; Mt. Sterling, KY; Cambridge, Ontario; and Kitchener, Ontario.

Precision Resource Acquires Assets of Sekam Technologies

Precision Resource, Inc. has completed the purchase of the assets of Sekam Technologies, Inc., a leading Canadian supplier of fineblanked components.

Precision Resource, Inc., a leader in the supply of precision metal components manufactured with fineblanking technology, today announced that it has completed the purchase of the assets of Sekam Technologies, Inc., a leading Canadian supplier of fineblanked components.

Located in Kitchener, Ontario, Sekam Technologies specializes in the supply of complex components and assemblies using fineblanking and fine cold forming technologies. The company markets its products to the automotive, electronics, power tool, and industrial markets primarily.

Sekam will be added to Precision Resource’s Canadian operations and will be known as “Precision Resource Canada – Kitchener Plant.” Precision Resource Canada currently operates a facility in nearby Cambridge, Ontario. Precision Resource will maintain Sekam’s existing facility in Kitchener, and Sekam’s executive and operational management teams will remain in place with Kaveh Vafaei remaining as General Manager of the Kitchener Plant.

“We are excited to be acquiring the assets, technology, and accumulated experience of Sekam Technologies,” said Peter Wolcott, President of Precision Resource, Inc. “Sekam has built a reputation as a technology innovator. By combining their technical capabilities with Precision Resource’s own technology and the strength of our larger organization, we are confident that this acquisition will help Precision Resource to continue our growth well into the future.”

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Founded as Fairfield Tool Company in 1947, privately held Precision Resource has grown to be the leading supplier of fineblanked components in North America and services leading manufacturers throughout the world. Precision Resource also has a tremendous range of secondary finishing capabilities that enable it to provide completed components to their customers. These capabilities include CNC machining, double disc grinding, fine grinding, lapping, broaching, and assembly.

Precision Resource now has seven production facilities in the United States and Canada. In addition to the two facilities in Ontario, the company operates plants in Huntington Beach, CA; Ft. Lauderdale, FL; Vernon Hills, IL; Mt. Sterling, KY; and has a production facility and corporate headquarters in Shelton, CT. For more information regarding the company, visit www.precisionresource.com.

Precision Resource Announces Addition To Canadian Facility

Precision Resource, Inc. today announced that it has completed an addition to its Cambridge, Ontario facility.

Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that it has completed an addition to its Cambridge, Ontario facility.

The expansion of Precision Resource Canada’s facility added 30,000 ft² of production space and increased the total area of the facility to 136,000 ft². Precision Resource Canada specializes in the high volume production of automotive and general industrial components.

“We’ve been fortunate to be able to grow our business significantly in the past several years, even in a difficult environment for manufacturing in North America,” said Ron Hunt, General Manager of Precision Resource Canada. “This addition will provide the room that we will need for the new business that we have booked and will allow us to significantly improve our overall material flow in the plant.”

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries. This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs. These characteristics lead designers to specify fineblanked components for their most critical applications.

Founded as Fairfield Tool Company in 1947, privately held Precision Resource has grown to be the leading supplier of fineblanked components in North America and services leading manufacturers throughout the world. Precision Resource also has a tremendous range of secondary finishing capabilities that enable it to provide completed components to their customers. These capabilities include CNC machining, double disc grinding, fine grinding, lapping, broaching, and assembly.

Precision Resource has six production facilities in the United States and Canada. In addition to the facility in Cambridge, Ontario, the company operates plants in Huntington Beach, CA; Ft. Lauderdale, FL; Vernon Hills, IL; Mt. Sterling, KY; and has a production facility and corporate headquarters in Shelton, CT. For more information regarding the company, visit www.precisionresource.com.